Service Tax Not Applicable on Termination Compensation Without Identifiable Service Provided, Court Rules in Favor of Appellants.

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....Liability of service tax - consideration received due to termination of the arrangement - by terminating the arrangement, the appellants are adversely put to certain business loss. The consideration has been paid for such loss. No identifiable service could be attributed for such payment during the material time - tax liability cannot sustain. - AT....